Scope of the Study
Wheel alignment includes adjusting the angles to the specifications. It ensures that the movement of the vehicle is straight and no damage is caused to tire. The alignment angles can also be set according to the handling characteristics. Moreover, the indicators such as uneven tread wears, vehicle pulling to either direction, or vibrations suggests that the wheels should be aligned. There are three major components of wheel alignment which are Camber, Caster and toe. These components helps in the alignment according to the specifications.
The market study is being classified and major geographies with country level break-up.
Robert Bosch GmbH (Germany), CORMACH Srl (Italy), Honeywell (United States), John Bean (United Kingdom), Horiba (Japan), Actia (France), SGS (Switzerland), Haweka Australia (Australia), Messring Systembau MSG (Germany) and Hunter Engineering (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Sino Star (Wuxi) (China) and RAV America (United States).
Research Analyst at AMA predicts that Europe Manufacturers will contribute to the maximum growth of Global Wheel Aligner market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Wheel Aligner market by Type, Application and Region.
On the basis of geography, the market of Wheel Aligner has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing number of automobile is driving the market growth. The increasing disposable income is causing the rise in sales of vehicle. This is contributing the wheel alignment market as it depends on the automobile industry. Hence, this factor is increasing the market growth.
- Increasing demand of portable and wireless wheel alignment machines
- Lack of skilled technicians for operating and repairing of machines
- High installation costs of machines
- Advancements in technology of wheel alignment
Market Leaders and their expansionary development strategies
In July 2019, Honeywell has entered into the agreement to acquire TruTrak flight systems. This acquisition will help the company to deliver the affordable technology to aviation market
Key Target AudienceManufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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